Overview

• Bitcoin's price rose to $83,396.89 on Friday, reflecting a 1.7% increase and maintaining stability despite global market turmoil.
• China announced a 34% tariff on all U.S. products and plans to classify 11 U.S. firms as 'unreliable entities,' deepening trade tensions.
• The Nasdaq is nearing bear market territory, with global equities continuing to decline in response to the escalating trade conflict.
• March's U.S. labor data showed strong job growth of 228,000, although the unemployment rate ticked up to 4.2%, highlighting mixed economic signals.
• Crypto-related stocks experienced mixed performance, with Coinbase falling 8% and MicroStrategy seeing marginal gains of less than 1%.